Mission

Alaska Gov. Sean Parnell is on a trade mission to talk up exports of liquefied Alaskan gas to Asian markets. Parnell is slated to meet with Japanese and South Korean officials and business leaders over the coming days. The Korea Chamber of Commerce and Industry arranged a meeting of Parnell and executives from companies such as Samsung C&T, STX Energy, Daesung Industrial Co. Ltd., Korea Midland Power Co., GS Global Co., LG International Corp., Hyundai Heavy Industries and Korea Kumho Petrochemical Co. Ltd. Parnell recently met with the CEO of Kogas to discuss Alaska’s role as an LNG exporter and the state’s desire to boost exports with an in-state gas pipeline. Alaska’s major oil and gas producers and TC-Alaska are working with the Alaska Pipeline Project on the commercialization of North Slope gas with a specific focus on a large-scale liquefied natural gas project in Southcentral Alaska (see Daily GPI, July 31).

The administration’s multi-agency approach to hydraulic fracturing (fracking) studies and the appearance of mission-creep is causing confusion within the oil and natural gas industry, according to some critics on Capitol Hill.

The administration’s multi-agency approach to hydraulic fracturing (fracking) studies and the appearance of mission-creep is causing confusion within the oil and natural gas industry, according to some critics on Capitol Hill.

Shares of debt-burdened Quicksilver Resources Inc. fell Monday after the company reported lower profits and said production would be flat this year. Meanwhile, efforts on two joint venture deals continue, as the company targets more liquids-rich production, executives told financial analysts.

More than 242,000 acres in the Vermillion Basin region of northwestern Colorado, considered to hold huge amounts of natural gas, would be off limits to drillers under a proposed Resource Management Plan (RMP), the U.S. Bureau of Land Management (BLM) said late Tuesday.

As part of its mission to find more energy efficient, sustainable ways to operate large information technology systems, researchers at Hewlett-Packard Co. in the Silicon Valley are researching the concept of waste-powered data centers. HP Labs researchers presented a paper on the subject in May at an American Society of Mechanical Engineers’ energy sustainability conference in Phoenix.

As part of its mission to find more energy efficient, sustainable ways to operate large information technology systems, researchers at Hewlett-Packard Co. in the Silicon Valley are researching the concept of waste-powered data centers. HP Labs researchers presented a paper on the subject in May at an American Society of Mechanical Engineers’ energy sustainability conference in Phoenix.

Producers that operate in Colorado apparently were on a mission to secure drilling permits under the state’s “old” natural gas and oil rules, with a record number of permit applications filed in March, according to the Colorado Oil and Gas Conservation Commission (COGCC). New rules to drill on state lands took effect last week; the federal lands drilling revisions are to take effect in May.

Producers that operate in Colorado apparently were on a mission to secure drilling permits under the state’s “old” natural gas and oil rules, with a record number of permit applications filed in March, according to the Colorado Oil and Gas Conservation Commission (COGCC). New rules to drill on state lands took effect Wednesday; the federal lands drilling revisions are to take effect in May.